The Chronicle of Higher Education

What Colleges Need to Know About the Tax Overhaul Poised to Become Law

Legislation championed by congressional Republicans to overhaul the nation’s tax code appears poised to become law soon, possibly as soon as Wednesday. The U.S. House of Representatives and the U.S. Senate approved the legislation on Tuesday, and in a revote on Wednesday because of a technicality, the House approved it again. The measure now goes to President Trump, who is expected to sign it into law.